By Andrew Dehan, Bankrate.com

If you remember the turmoil of the global financial crisis, hearing that foreclosure activity is up might make your knees weak and palms sweaty. I know I can’t help it.

After reading recent reports of climbing foreclosures, I spoke with experts ranging from real estate data companies to non-profit debt counselors to foreclosure auction sites. Their opinion? The national foreclosure rate is still quite low.

So take a deep breath. This isn’t 2008. The housing market isn’t about to crash . The picture is much more complex than one statistic lets on. Here’s why they aren’t panicking and neither should you.

There’s actually less foreclosure activity now than before COVID-19

Current foreclosure numbers aren’t quite as scary when you give them a little histori

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